TD Cowen analyst Joseph Giordano raised the firm’s price target on Zebra Technologies to $300 from $275 and keeps an Outperform rating on the shares. The firm said they reported better than expected results and its guidance was better than feared as most thought at least modest negative revisions for 2024 were needed.
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Read More on ZBRA:
- Zebra Technologies raises annualized cost savings target to $120M
- Zebra Technologies sees FY24 revenue (1%)-3%, consensus $4.59B
- Zebra Technologies sees Q1 adjusted EPS $2.30-$2.60 , consensus $2.08
- Zebra Technologies reports Q4 adjusted EPS $1.71, consensus $1.66
- Zebra Technologies price target raised to $285 from $250 at Needham
